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  • newFive things to watch out for today
    As part of its green initiative, the Ministry of Road, Transport and Highways will plant trees along 1,500 km of highways on July 1. This will be part of the Rs 5,000-crore initiative earmarking 1 pe...
    - 6 hours ago, 1 Jul 16, 12:03am -
  • newWorld Bank chief meets Modi, discusses nutrition, green power
    Jim Yong Kim's visit is to review projects and understand first-hand India’s efforts on renewable energy and nutrition
    - 6 hours ago, 30 Jun 16, 11:49pm -
  • newContainer digital exchange from July 1
    VO Chidamabaranar Port Trust in Tuticorin and Tuticorin Container Freight Station Association have jointly announced that India’s First Container Digital Exchange (Codex) will go live on July 1.The pl...
    - 6 hours ago, 30 Jun 16, 11:49pm -
  • new‘Name Mumbai High after Savarkar’
    BJP members have written to Petroleum Minister Dharmendra Pradhan, asking ONGC to name offshore field Mumbai High, ‘the single most valuable asset controlled by the Government of India’, after Veer S...
    - 6 hours ago, 30 Jun 16, 11:47pm -
  • newNifty surges to 8-month high
    Heavy buying by foreign portfolio investors (FPIs) and rollovers in the equity derivatives segment saw the Nifty hitting an eight-month high on Thursday at 8,288, gaining 84 points, while the Sensex s...
    - 6 hours ago, 30 Jun 16, 11:46pm -
  • newUttam Galva Steels on the block; stock soars
    Loss-making Uttam Galva Steels, co-promoted by the Miglani family, could soon be sold to settle its debt. The company’s shares rose 12 per cent to ₹33 on Thursday on news of a possible buyout by an ov...
    - 6 hours ago, 30 Jun 16, 11:44pm -
  • newHCL Info enables tri-service communication for Armed Forces
    This integrated communication architecture between the Army, Navy and Air Force will assist Defence forces during critical operations as well as rescue missions.
    - 6 hours ago, 30 Jun 16, 11:44pm -
  • newNorway firm Creditsafe picks 75% in Skua Services
    Creditsafe, a Norway-based firm that provides business intelligence information, has picked 75 per cent equity in Skua Services that will act as its captive development centre. It, however, has not di...
    - 6 hours ago, 30 Jun 16, 11:43pm -
  • newVA Tech Wabag sees strong support in emerging markets
    VA Tech Wabag’s entry into diverse emerging markets in water and waste-water management has paid off as more established markets such as the European Union witness turbulence.The Chennai-based mu...
    - 7 hours ago, 30 Jun 16, 11:42pm -
  • newEssar may sell another 25% in oil subsidiary
    The Essar Group, which has sold 49 per cent in its oil business to Russia’s Rosneft, is now considering the sale of a further 25 per cent to other strategic investors.This is part of its bid to pare ...
    - 7 hours ago, 30 Jun 16, 11:42pm -

NDTV Business

CNN IBN

Moneycontrol

Reuters India

  • newExclusive: Toyota Industries, Honeywell in bid to buy Intelligrated - sources
    (Reuters) - Japan's Toyota Industries Corp is competing against U.S. diversified industrial conglomerate Honeywell International Inc to acquire U.S. distribution systems and logistics company Intelligrated Inc, people familiar with the matter said.
    - 41 mins ago, 1 Jul 16, 5:32am -
  • newOracle ordered to pay HP $3 billion in Itanium case
    SAN FRANCISCO (Reuters) - A California jury ordered Oracle Corp to pay Hewlett-Packard Enterprise Co $3 billion in damages in a case over HP's Itanium servers, an Oracle spokeswoman said on Thursday.
    - 1 hour ago, 1 Jul 16, 5:07am -
  • newVolkswagen believes it can fix 85,000 polluting U.S. vehicles
    SAN FRANCISCO/WASHINGTON (Reuters) - A lawyer for Volkswagen AG said at a court hearing Thursday the German automaker believed it could fix 85,000 polluting 3.0-liter VW, Audi and Porsche diesel cars and SUVs, a move that could help the company avoid a second pricey vehicle buyback.
    - 1 hour ago, 1 Jul 16, 5:01am -
  • newAsia stocks rise, bond yields subdued as more stimulus eyed
    NEW YORK (Reuters) - World stocks rose for a third straight day and bond yields hovered near record lows as investors expected additional stimulus measures from central banks in the wake of Britain's vote to leave the European Union and as the Bank of England raised the prospect of bond buying this summer.
    - 3 hours ago, 1 Jul 16, 2:47am -
  • newIndia's fiscal deficit reaches nearly 43 percent of budgeted target in May
    NEW DELHI (Reuters) - India's fiscal deficit during April-May was 2289.86 billion rupees ($33.92 billion), or 42.9 percent of the budgeted target for the fiscal year ending in March 2017, government data showed on Thursday.
    - 10 hours ago, 30 Jun 16, 8:13pm -
  • newJet Airways in talks with banks for $180 million loan - sources
    DUBAI (Reuters) - Jet Airways, India's second-biggest airline by passengers, is talking to lenders about raising up to $180 million through a loan, banking sources said on Thursday.
    - 10 hours ago, 30 Jun 16, 8:13pm -
  • newEssar eyes sale of Gujarat refinery - sources
    NEW DELHI (Reuters) - Essar Group is exploring the sale of its 405,000 barrel-per-day oil refinery in Gujarat, as the conglomerate seeks funds to reduce its debt, two sources familiar with the matter said.
    - 10 hours ago, 30 Jun 16, 7:55pm -
  • newRBI eases rules for external commercial borrowings
    MUMBAI (Reuters) - Indian companies will need to submit for approval plans to issue external commercial borrowings only when they are above a certain threshold limit to be fixed from time to time, the Reserve Bank of India said on Thursday.
    - 12 hours ago, 30 Jun 16, 5:57pm -
  • newIndia to get over $1 billion from World Bank for Modi's solar goals
    NEW DELHI (Reuters) - The World Bank said on Thursday it would lend India more than $1 billion for its huge solar energy programme, after Prime Minister Narendra Modi sought climate change funds from its visiting head.
    - 12 hours ago, 30 Jun 16, 5:46pm -
  • newIndia's infrastructure output growth hits 5-month low in May
    NEW DELHI (Reuters) - India's infrastructure output grew an annual 2.8 percent in May, its slowest pace in five months, primarily dragged down by a slowdown in output of electricity, steel and refinery products, government data showed on Thursday.
    - 13 hours ago, 30 Jun 16, 5:23pm -

Live Mint

Live Mint - Companies

Google: India Business News

  • new'Start Kaleshwaram project works in 15 days' - The Hindu

    'Start Kaleshwaram project works in 15 days' - The Hindu

    The Siasat Daily'Start Kaleshwaram project works in 15 days'The HinduAs part of the State Government's plans to complete three barrages along with pump-houses of the Kaleshwaram project in 18 months, Minister for Irrigation T. Harish Rao has directed the officials to firm-up agreements with the successful contractors in ...Kaleshwaram work to begin in 15 daysTimes of IndiaRev up plan to complete project in 18 months: Harish to officialsThe Hans IndiaComplete Kaleshwaram in 18 months: HarishThe S…
    - 34 mins ago, 1 Jul 16, 5:39am -
  • newCongress attacks pay hike as ungenerous - Economic Times

    Congress attacks pay hike as ungenerous - Economic Times

    Economic TimesCongress attacks pay hike as ungenerousEconomic TimesNEW DELHI: The Congress party criticised the salary and pension hikes approved by the Cabinet on June 29, accusing the government of "deviating from the past practice" of improving upon the pay commission's recommendations to ensure better benefits ...Cong. backs Central govt. staff strike planThe HinduNo free hikes: Pay increase of central government employees must be accompanied by skills increaseTimes of India (blog)Pay hike…
    - 2 hours ago, 1 Jul 16, 4:20am -
  • newPetrol, diesel rates cut by under 1 Re - Business Standard

    Petrol, diesel rates cut by under 1 Re - Business Standard

    Financial ExpressPetrol, diesel rates cut by under 1 ReBusiness StandardState-run Indian Oil Corp (IOC) has cut the price of transport fuel effective on Friday by under a rupee each, of petrol by 89 paise a litre and of diesel by 49 paise, both at Delhi with corresponding decrease in other states. Making its previous ...News Flash: Petrol price cut by 89 paise a litreOneindiaIOC to cut diesel prices by 0.89 pct from Friday | ReutersFirstpostPetrol price cut by 89p a litre, diesel by 49p a litreF…
    - 3 hours ago, 1 Jul 16, 3:42am -
  • newRuias to give up Essar Oil control - Business Standard

    Ruias to give up Essar Oil control - Business Standard

    Business StandardRuias to give up Essar Oil controlBusiness StandardThe Ruias have decided to become minority stakeholders in Essar Oil and give away their control over management. Months after striking a deal to sell 49 per cent stake to Russia's Rosneft, the Ruia family has initiated talks to sell another 25 per cent ...Essar eyes sale of Gujarat refinery: SourcesEconomic TimesEssar Oil makes USD 500-mn payment to Iran via new channelTimes of IndiaAramco eyes Essar Oil stakeCalcutta TelegraphM…
    - 5 hours ago, 1 Jul 16, 1:38am -
  • newCBDT notifies foreign tax credit rules - Business Standard

    CBDT notifies foreign tax credit rules - Business Standard

    The Indian ExpressCBDT notifies foreign tax credit rulesBusiness StandardTo provide respite from double taxation to Indian companies having income abroad, the government on Thursday notified rules allowing companies to claim credit for taxes paid abroad. The rules, to come into effect from April 1, 2017, will allow ...Income-tax department notifies foreign tax credit rulesLivemintCBDT notifies rules for calculating assets' fair market valueTimes of IndiaDraft rules for taxing 'Indirect Transfers…
    - 5 hours ago, 1 Jul 16, 1:15am -
  • newHigh demand, humidity trip Delhi discoms - Livemint

    High demand, humidity trip Delhi discoms - Livemint

    LivemintHigh demand, humidity trip Delhi discomsLivemintNew Delhi: The Delhi government has targeted power utilities for outages in the national capital region at the peak of summer, but on Thursday, state-run transmission firm Delhi Transco Ltd identified two other reasons: Rising humidity and record high ...New record: Delhi's peak power demand at 6260 MWTimes of IndiaDelhi government asks BSES for roadmap to improve power situationIANSall 6 news articles »
    - 5 hours ago, 1 Jul 16, 1:10am -
  • newInfra sector growth slips to 5-month low on oil, gas dip - The Indian Express

    Infra sector growth slips to 5-month low on oil, gas dip - The Indian Express

    The Indian ExpressInfra sector growth slips to 5-month low on oil, gas dipThe Indian ExpressInfrastructure, India Infrastructure Sector, Oil and natural gas output, coal, crude oil The eight infrastructure sectors — coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity — had expanded by 4.4 per cent in ...India's core industries' output declines in MayBusiness StandardCore sector growth slows to 2.8% in MayThe HinduInfrastructure output growth hits 5-mon…
    - 5 hours ago, 1 Jul 16, 1:09am -
  • newLegacy shadow on SBI asset quality - Business Standard

    Legacy shadow on SBI asset quality - Business Standard

    Business StandardLegacy shadow on SBI asset qualityBusiness StandardAs a shadow of its legacy, State Bank of India's books may continue to see asset quality pressures because of non-fund exposures to businesses, said Chairman Arundhati Bhattacharya on Thursday. On the sidelines of the annual general meeting of the bank ...Asset quality issues far from over, SBI chief Arundhati BhattacharyaEconomic TimesSBI to divest non-core assets to rake in Rs 3000 crTimes of IndiaDeutsche Bank says SBI best P…
    - 6 hours ago, 1 Jul 16, 12:27am -
  • newBrexit hurdle crossed? Nifty, silver at 2016 high - Business Standard

    Brexit hurdle crossed? Nifty, silver at 2016 high - Business Standard

    Business StandardBrexit hurdle crossed? Nifty, silver at 2016 highBusiness StandardA British Union flag flies in front of an EU flag during a pro-EU referendum event at Parliament Square in London, Britain. Photo: Reuters. ALSO READ. Seventh Pay Panel: 5 sectors which may see maximum spending push 7th Pay Commission: Pay hike ...Sensex surges 259 points on monsoon and earnings hopesEconomic TimesBulls back on street, Nifty hits fresh 2016 highTimes of IndiaFive Reasons Why Nifty Surged To 2016…
    - 6 hours ago, 1 Jul 16, 12:21am -
  • newOla measures Indian credentials on Alibaba's Chinese scale - Business Standard

    Ola measures Indian credentials on Alibaba's Chinese scale - Business Standard

    Business StandardOla measures Indian credentials on Alibaba's Chinese scaleBusiness StandardThe largest taxi aggregator in the country, Ola, took the debate of “local versus foreign” against global rival Uber by citing Alibaba, which is called a Chinese company as it is run by Chinese entrepreneur Jack Ma, despite majority of its shares held ...Ola Hits Out At Uber For Fanning 'Debate Of Nationalism'NDTVIt's war between 'foreign' Uber and 'local' Ola in IndiaLivemintOla COO says Uber flouts…
    - 6 hours ago, 30 Jun 16, 11:50pm -

Yahoo! World Business

  • newOracle ordered to pay HP $3 billion in Itanium case

    Oracle ordered to pay HP $3 billion in Itanium case

    By Dan Levine SAN FRANCISCO (Reuters) - A California jury ordered Oracle Corp to pay Hewlett-Packard Enterprise Co $3 billion in damages in a case over HP's Itanium servers, an Oracle spokeswoman said on Thursday. The Itaniuum processor is made by Intel Inc . In a statement, Oracle general counsel Dorian Daley said the company had been providing all its latest software for Itanium servers since Kleinberg's decision.
    - 51 mins ago, 1 Jul 16, 5:22am -
  • newVolkswagen believes it can fix 85,000 polluting U.S. vehicles

    Volkswagen believes it can fix 85,000 polluting U.S. vehicles

    SAN FRANCISCO/WASHINGTON (Reuters) - A lawyer for Volkswagen AG said at a court hearing Thursday the German automaker believed it could fix 85,000 polluting 3.0-liter VW, Audi and Porsche diesel cars and SUVs, a move that could help the company avoid a second pricey vehicle buyback. Separately, a Justice Department lawyer, Joshua Van Eaton, said discussions and tests were being conducted to resolve the fate of those vehicles, which could take months to rectify. At the hearing, U.S. District Judg…
    - 1 hour ago, 1 Jul 16, 5:03am -
  • newRosetta will crash into its comet and die on September 30th

    - 1 hour ago, 1 Jul 16, 5:02am -
  • newU.S. opens investigation into Tesla after fatal crash in Autopilot mode

    U.S. opens investigation into Tesla after fatal crash in Autopilot mode

    The U.S. National Highway Traffic Safety Administration (NHTSA) said on Thursday it is opening a preliminary investigation into 25,000 Tesla Motors Model S cars after a driver of one of the vehicles was killed using the Autopilot mode. The agency said the crash came in a 2015 Model S operating with automated driving systems engaged, and "calls for an examination of the design and performance of any driving aids in use at the time of the crash." The investigation is the first step before the agen…
    - 1 hour ago, 1 Jul 16, 4:51am -
  • newPhilippine mining set for bumpy ride under Duterte administration

    Philippine mining set for bumpy ride under Duterte administration

    After the Philippines became the top supplier of nickel ore to China in the last two years, its struggling mining industry may have felt like it was turning a corner. Mining contributes less than 1 percent to the Philippine economy.
    - 2 hours ago, 1 Jul 16, 4:41am -

Yahoo! India Business

  • newOil prices rise on tight market outlook, expected fiscal stimulus

    Oil prices rise on tight market outlook, expected fiscal stimulus

    By Henning Gloystein SINGAPORE (Reuters) - Oil prices rose early on Friday, with Brent jumping back above $50 per barrel, as investors positioned themselves for more price increases this year in expectation of a tighter market. U.S. West Texas Intermediate (WTI) crude was up 28 cents at $48.61 a barrel.
    - 5 mins ago, 1 Jul 16, 6:08am -
  • newAsia gains as risk appetite recovers, pound under fresh pressure

    Asia gains as risk appetite recovers, pound under fresh pressure

    By Shinichi Saoshiro TOKYO (Reuters) - Asian stocks rose on Friday as global riskier assets continued to recover from last week's Brexit shock, while the pound came under renewed pressure after the Bank of England's governor hinted of an interest rate cut ahead. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2 percent. Japan's Nikkei rose 0.8 percent after the yen gave back more territory seen during flight-to-quality moves earlier in the week.
    - 20 mins ago, 1 Jul 16, 5:53am -
  • newAsia stocks rise, bond yields subdued as more stimulus eyed

    Asia stocks rise, bond yields subdued as more stimulus eyed

    By Edward Krudy NEW YORK (Reuters) - World stocks rose for a third straight day and bond yields hovered near record lows as investors expected additional stimulus measures from central banks in the wake of Britain's vote to leave the European Union and as the Bank of England raised the prospect of bond buying this summer. Renewed concerns over global growth and oversupply forced oil prices down again as both Brent and U.S. crude traded below $50 per barrel. Sterling reversed its gains as Bank of…
    - 3 hours ago, 1 Jul 16, 2:47am -
  • newWorld equities rise, bond yields subdued as more stimulus seen

    World equities rise, bond yields subdued as more stimulus seen

    By Edward Krudy NEW YORK (Reuters) - World stocks rose for a third day although bond yields remained subdued, reflecting concerns about the global economy and expectations for more stimulus from central banks, as the Bank of England raised the prospect of more bond buying. Markets have regained their poise after a short bout of volatility following Britain's vote last week to leave the European Union, but concerns remain about the longer term economic outlook and the potential for renewed turbul…
    - 4 hours ago, 1 Jul 16, 2:19am -
  • newWall St. rallies for third day as Brexit bruises fade

    Wall St. rallies for third day as Brexit bruises fade

    Wall Street rolled to a third straight day of gains on Thursday as Britain's central bank raised the prospect of stimulus and consumer staples shares gained on news of Mondelez International's $23 billion bid for Hershey. In the wake of the referendum, Bank of England Governor Mark Carney said on Thursday that the central bank would probably need to pump more stimulus into Britain's economy over the summer.
    - 4 hours ago, 1 Jul 16, 1:54am -
  • newArgentina, Peru seek closer energy ties with Chile
    By Anthony Esposito and Antonio De la Jara FRUTILLAR, Chile (Reuters) - Argentine President Mauricio Macri and Peruvian President-elect Pedro Pablo Kuczynski urged their South American counterparts at the Pacific Alliance trade bloc summit on Thursday to deepen energy ties across the region. "Considering the new discoveries we've made in non-traditional energy, as I've discussed with Chile's President (Michelle) Bachelet, I believe the only path forward is to think about a unified energy matrix…
    - 5 hours ago, 1 Jul 16, 1:13am -
  • newOil falls on profit taking after best quarter in seven years

    Oil falls on profit taking after best quarter in seven years

    By Devika Krishna Kumar NEW YORK (Reuters) - Oil prices dropped more than 3 percent on Thursday, pressured by returning Nigerian and Canadian crude output from outages and as traders booked profits at the end of the best quarter in seven years. The market soared more than 25 percent in the second quarter, as part of an 85 percent rebound since hitting 12-year lows early this year, as unplanned production cuts from Canada to Nigeria eased the glut that prompted the worst price rout in a generatio…
    - 5 hours ago, 1 Jul 16, 1:02am -
  • newFactbox: How does the UK's Conservative Party elect a leader, and who is running?
    By Kylie MacLellan LONDON (Reuters) - Britain's governing Conservative Party has begun the process of electing a new leader and presumptive prime minister, after David Cameron said he would resign following the country's vote last week to leave the European Union. Below is a summary of the process for the leadership election, and some information about the five candidates. THE ELECTION PROCESS The five candidates who were nominated by Thursday's noon deadline (1100 GMT) will now go forward to a…
    - 7 hours ago, 30 Jun 16, 11:38pm -
  • newGold set for best month since February after Brexit shock

    Gold set for best month since February after Brexit shock

    By Jan Harvey LONDON (Reuters) - Gold steadied on Thursday as the other markets showed signs of stabilising, but remained on track for its biggest monthly rise since February in the wake of last week's vote in Britain on quitting the European Union. Profit taking and a lack of physical demand is keeping gold hemmed in, Afshin Nabavi, head of trading at MKS, said. "Gold is making a solid base around $1,300-1,305," he said.
    - 7 hours ago, 30 Jun 16, 11:23pm -
  • newGoogle's Schmidt says Brexit vote unlikely to shift investment

    Google's Schmidt says Brexit vote unlikely to shift investment

    Google boss Eric Schmidt said on Thursday that Britain's referendum vote to leave the European Union was unlikely to lead to a shift in the U.S. tech giant's business activities. "I think it unlikely that Google would change our allocation based on this," Schmidt told a Paris tech conference. "We have large operations in Ireland, in Britain, France, Germany and so forth.
    - 7 hours ago, 30 Jun 16, 11:09pm -
  • newEXCLUSIVE: China to tolerate weaker yuan, wary of trade partners' reaction

    EXCLUSIVE: China to tolerate weaker yuan, wary of trade partners' reaction

    By Kevin Yao, Nathaniel Taplin and Lu Jianxin BEIJING/SHANGHAI (Reuters) - China's central bank would tolerate a fall in the yuan to as low as 6.8 per dollar in 2016 to support the economy, which would mean the currency matching last year's record decline of 4.5 percent, policy sources said. The yuan is already trading at its lowest level in more than five years, so the central bank would ensure any decline is gradual for fear of triggering capital outflows and criticism from trading partners su…
    - 8 hours ago, 30 Jun 16, 10:25pm -
  • newEx-London mayor Boris Johnson halts bid to be UK prime minister, upends race

    Ex-London mayor Boris Johnson halts bid to be UK prime minister, upends race

    By Kylie MacLellan and Elizabeth Piper LONDON (Reuters) - Former London mayor Boris Johnson abruptly pulled out of the race to become Britain's prime minister that he was once favoured to win, upending the contest less than a week after he led a campaign to take the country out of the EU. Johnson's announcement, to audible gasps from a roomful of journalists and supporters on Thursday, was the biggest political surprise since Prime Minister David Cameron quit after losing last week's referendum…
    - 8 hours ago, 30 Jun 16, 10:00pm -
  • newInsight: For some in England's north, Brexit means control

    Insight: For some in England's north, Brexit means control

    By Sara Ledwith BARNSLEY, England (Reuters) - Owen Gleadall remembers the previous time Britain voted on Europe. It was 1975, and most people in his Yorkshire mining town of Barnsley were ambivalent about the issue. Gleadall, a local businessman working in international markets, felt it made economic sense to be part of the bloc.
    - 9 hours ago, 30 Jun 16, 9:06pm -
  • newJapan PM urges UK, Germany to reassure markets after Brexit vote

    Japan PM urges UK, Germany to reassure markets after Brexit vote

    Japanese Prime Minister Shinzo Abe urged the British and German leaders on Thursday to work together to restore confidence in global financial markets after Britain's shock decision in a referendum last week to leave the European Union. The vote delivered an unprecedented blow to Europe's post-World War Two political and economic order, prompted a sharp selloff of global stocks and the British pound and sent the Japanese yen, viewed as a safe haven, soaring. The stronger yen will hamper Abe's ef…
    - 10 hours ago, 30 Jun 16, 8:40pm -
  • newEssar eyes sale of Gujarat refinery - sources

    Essar eyes sale of Gujarat refinery - sources

    By Nidhi Verma and Douglas Busvine NEW DELHI (Reuters) - Essar Group is exploring the sale of its 405,000 barrel-per-day oil refinery in Gujarat, as the conglomerate seeks funds to reduce its debt, two sources familiar with the matter said. Essar, which is controlled by the billionaire Ruia brothers and has assets in the oil and gas, steel, ports and power sectors, has faced pressure from creditors to reduce borrowing that some analysts estimate at more than $14 billion. Prime Minister Narendra…
    - 10 hours ago, 30 Jun 16, 7:55pm -
  • newU.S. jobless claims rise last week, trend still favorable

    U.S. jobless claims rise last week, trend still favorable

    By Lucia Mutikani WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits rose last week, but remained below a level associated with a healthy labor market. Initial claims for state unemployment benefits increased10,000 to a seasonally adjusted 268,000 for the week ended June25, the Labor Department said on Thursday. The four-week moving average of claims, considered a bettermeasure of labor market trends as it irons out week-to-weekvolatility, was unchanged at 266,750 la…
    - 11 hours ago, 30 Jun 16, 7:17pm -
  • newPositive domestic cues lift equity markets
    Mumbai, June 30 (IANS) Healthy progress of monsoon rains, coupled with short covering on the back of latest key economic decisions and positive global cues, lifted the Indian equity markets to their highest intra-day levels in the last eight months.
    - 12 hours ago, 30 Jun 16, 6:34pm -
  • newGSK’s MenABCWY vaccine to revolutionise meningococcal disease prevention market by 2025: GlobalData
    A vaccine protecting against meningococcal serogroups A, B, C, W, and Y (MenABCWY) is set to revolutionise meningococcal disease prevention across the eight major markets (8MM) of the US, France, Germany, Italy, Spain, the UK, Japan, and Brazil, according to research and consulting firm GlobalData. The company’s report states that of the three major meningococcal vaccines currently being developed in the 8MM, only GlaxoSmithKline’s (GSK) MenABCWY vaccine has the potential to significantly ch…
    - 12 hours ago, 30 Jun 16, 6:26pm -
  • newEU Commission ready to respond to post-Brexit market turmoil - Dombrovskis

    EU Commission ready to respond to post-Brexit market turmoil - Dombrovskis

    The European Commission stands ready to cooperate with central banks and other authorities to quell market turbulences that may follow the Brexit vote in the coming weeks and months, the vice president of the EU executive said on Thursday. After the British referendum on June 23, "the European Commission, the European Central Bank, other central banks and all relevant authorities continue to cooperate closely to ensure an appropriate response to whatever turbulence there might be in markets," Va…
    - 12 hours ago, 30 Jun 16, 6:10pm -
  • newSingapore bank halts London mortgage loans after Brexit as Asia lenders flag risks

    Singapore bank halts London mortgage loans after Brexit as Asia lenders flag risks

    By Saeed Azhar and Denny Thomas SINGAPORE/HONG KONG (Reuters) - United Overseas Bank (UOB) became Singapore's first lender to temporarily halt mortgage loans for London properties, as other Asian banks flagged potential investment risks in the wake of Britain's vote to leave the European Union. Brexit has spooked global markets and pushed the pound to multi-year lows, sparking worries about the health of a London property market that has previously attracted huge interest from Asian investors se…
    - 12 hours ago, 30 Jun 16, 6:08pm -